How much does an Insurance Underwriter III make hourly in the United States? The average hourly wage for an Insurance Underwriter III in the United States is $45 as of March 26, 2024, but the range typically falls between $40 and $52. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Insurance Underwriter III Salary | $36 | US | March 26, 2024 |
25th Percentile Insurance Underwriter III Salary | $40 | US | March 26, 2024 |
50th Percentile Insurance Underwriter III Salary | $45 | US | March 26, 2024 |
75th Percentile Insurance Underwriter III Salary | $52 | US | March 26, 2024 |
90th Percentile Insurance Underwriter III Salary | $58 | US | March 26, 2024 |
Bickle Insurance Services, LLC - Cincinnati, OH
Private Client Market Executive- High Net Worth Personal Insurance Rating Professional
Brunswick Companies - Cleveland, OH
Allied Universal® Compliance and Investigations - Cleveland, OH
M/I Homes - Columbus, OH
The Insurance Underwriter III utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter III ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter III may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Insurance Underwriter III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
7 + years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Loan Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
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